XOP to 45?

if i were to trade this it would be through options, i'd look at 40-50 delta calls.
im not in that mode yet, so keepin busy lookin at futures intraday 1,2,5m charts. fwiw,ymmv,etc.
i don't keep up with options so the premium may be too out of whack to make anything on this with them. if you are indeed thinking on this, there are a ton of people this site better qualified than than me to re-pose that question to.
I like the setup for a retest, tho.
 
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@easymon1, interesting 'bullish' trade, which option expiry date?

my trade based on the last 5 days price swings ($38-$43), I'd go with 24 April expiry 38/40 call spread cost $1.50 max. Should be above $40 on expiry, if so a nice 33%
 
never2old said:
my trade based on the last 5 days price swings ($38-$43), I'd go with 24 April expiry 38/40 call spread cost $1.50 max. Should be above $40 on expiry, if so a nice 33%
More...
Look at You!
youtu.be/Akm5JUKzibI?t=984
the guy above likes to take phone calls or even email requests for feedback or questions and might be a good place to pick up extra trading ideas.
24 April sure seems soon, all the sudden, lol.
 
ob calls it a setup to buy to retest of 4/9 hvh @ 45.54
poss abc up
exxon, chevron called lookin' good off lows
ob states his upside bias for these fwiw.

imagine the politics ongoing behind this oil business right now.

is the bloom off this rose for now? or just a breather...
some knife catch routine in cvx daily back on 3/20
delete xop.png
https://tradingsim.com/blog/harami-candlestick/
https://www.elitetrader.com/et/thre...t-right-here-baby.335635/page-12#post-5066694

i better get back to work...
 
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